Patria Bank Third Quarter 2024 Earnings: EPS: RON0.003 (vs RON0.002 in 3Q 2023)

Simply Wall St

November 20, 2024

Patria Bank (BVB:PBK) Third Quarter 2024 Results

Key Financial Results

Revenue: RON59.1m (flat on 3Q 2023).
Net income: RON11.4m (up 129% from 3Q 2023).
Profit margin: 19% (up from 8.5% in 3Q 2023).
EPS: RON0.003 (up from RON0.002 in 3Q 2023).

earnings-and-revenue-growth — BVB:PBK Earnings and Revenue Growth November 20th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Patria Bank Earnings Insights

Looking ahead, revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Banks industry in Europe.

Performance of the market in Romania.

The company's shares are down 2.9% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Patria Bank that you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.